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Thailand Economic Monitor, April 2018 : Beyond the Innovation Paradox.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank Group.
Series:
Economic Updates and Modeling.
World Bank e-Library.
Economic Updates and Modeling
Language:
English
Subjects (All):
Economic Growth.
Fiscal And Monetary Policy.
Fiscal Policy.
Innovation.
Macroeconomics And Economic Growth.
Public Sector Development.
Research And Development.
Science And Technology Development.
Technology Innovation.
Local Subjects:
Economic Growth.
Fiscal And Monetary Policy.
Fiscal Policy.
Innovation.
Macroeconomics And Economic Growth.
Public Sector Development.
Research And Development.
Science And Technology Development.
Technology Innovation.
Other Title:
Thailand Economic Monitor, April 2018
Place of Publication:
Washington, D.C. : The World Bank, 2018.
System Details:
data file
Summary:
The global economy grew at an estimated 3.0 percent in 2017, slightly above expectations in mid-year, with synchronous recovery in advanced economies and emerging markets and developing economies. Thailand has continued to make progress in reducing poverty. Thailand's economic recovery is expected to accelerate in 2018, with growth projected at 4.1 percent, driven by external demand and private consumption. Thailand is an example of an emerging market facing the innovation paradox: returns to RandD are high but actual investments are low compared to peers.

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